Tag Archives: ethiopia growth and transformation plan
Ethiopia’s “Odious Debt” to the Odious World Bank

In my last commentary, The World Bank and Ethiopia’s “Growth and Transformation”, I cryptically observed in passing, “… The USD$600 million is money the World Bank loaned to the Thugtatorship of…

The World Bank and Ethiopia’s “Growth and Transformation”

The World Bank lies, Ethiopia dies… from onerous “odious debt” I had completely forgotten about the so-called “Growth and Transformation Plan” (GTP) of 2010, until the World Bank reminded me…

Ethiopia: They Shall Inherit the Wind

The Sandcastles and Dams of African Dictators All dictators on the African continent have sought immortality by leaving a legacy that will outlive them and endure for the ages. But…

Ethiopia in BondAid?

Alemayehu G. Mariam “Bondage” is the state of being bound by or subjected to some external power or control. When people are bound by debt, they are in “debt bondage”….

Why is Ethiopia Poor?

First, Why is Africa Poor? George Ayittey, the renowned Ghanaian economist and president of the Free Africa Foundation swears that “Africa is poor because she is not free”. Like Ayittey,…

Why are Ethiopians Starving Again in 2011?

Alemayehu G. Mariam               On December 21, 1987, Time Magazine on its cover page featured a downcast and crestfallen young Ethiopian mother as a…

Ethiopia: The Fakeonomics of Meles Zenawi

There is the economics of Adam Smith, the intellectual father of capitalism. There is Levitt & Dubner’s freakonomics of weird stuff. Then there is the fakeonomics (economics by gimmickry) of  Meles…